RE:RE:Gold is UP again, let see the impact on the share!
Thats why they need to spin this out the strike is 1600 x 600 x 650 as stated by SOI . The RE was done on 1/3 of the strike so 2 million oz gold with a border deal easy another 1 to 2 million to be added . Its worth at least 5 billion on the open market. 10 % of that is 500 million value to SOI THATS at least 2.5 share price so Newmont wants to pay as little as possible for this . DD want to prove the RE by drilling it out. By spinning this out alot more players could be involved and could force Newmont to pay up